Los Angeles, December 11, 2019 – A new report titled, “Global Interface Bridge ICs Market Research Report 2019,” is estimated for 6 years published by QY Research provides accurate analysis and detailed market research on market dynamics, regions and various segments of the market along with key strategies of the top players operating in the market. According to this report, the global market is anticipated to reach more than US$ 494 Mn by 2025 from US$ 355 Mn in 2018, exhibiting a moderate CAGR of 5.4% from 2019 to 2025.
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Information Sharing and Storage – A Major Factor Leading to the Growth of the Market
Interface Bridge ICs is majorly used to copy content to be transferred to the portable storage devices. It is used to share information between on-board systems and external devices. Extensive usage of Interface Bridge ICs in consumer electronics is expected to boost the growth of the market.
Interface Bridge ICs are also used as chips that bridge interfaces into other ports. Apart from IT, Interface Bridge ICs have extensive usage in various industries such as telecom, energy, medical, industrial, and consumer electronics.
Interface Bridge ICs for Video Streaming – Creates Positive Impact on Application Segment
The application segment is segmented into industrial, communication, consumer electronics, healthcare, automobile, and Others. Interface Bridge ICs are largely used for streaming video and are also used to convert ultra HD video stream to high definition multimedia interface without deterioration and compression. This is likely to boost the demand for Interface Bridge ICs in the consumer electronics, leading to the growth of the application segment. The type segment is further sub-segmented into USB Interface IC, PCI/PCIe Interface IC, SATA Interface IC, and Others.
North America: Presence of Major IT Companies Offering Advanced Products
The region of North America and Asia-Pacific is expected to hold a significant share of the market. Huge demand for consumer electronic devices such as TV, computer along with increasing demand for high-quality video and audio streaming systems is leading to the growth of the regional market. The presence of established IT companies in North America, involved in manufacturing electronic components offering advanced products and upgrades to provide enhanced user experience is leading to the growth of the market.
Offering Innovative Solutions – A Major Emphasis of the Key Players
Some of the top payers operating in the market are Silicon Labs, FTDI, Fujitsu, JMicorn Technology, Toshiba, Microchip, Silicon Motion, ASMedia Technology, Maxlinear, Cypress, Initio Corporation, Broadcom, Holtek, and ASIK. Leading companies are keen to offer advanced and innovative products to gain a competitive edge in the market. For instance, Toshiba in its product line has Interface Bridge ICs designed for usage in automotive applications. It is used to deliver video, audio, and data sharing for in-vehicle infotainment systems.
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